BLS Will Omit Year-Over-Year Figures From October CPI Release

The U.S. Bureau of Labor Statistics (BLS) will exclude year-over-year figures from its October Consumer Price Index (CPI) release due later this week, removing a key annual inflation comparison for markets.

BLS announced the change Nov. 10 and cited missing data caused by the October 2025 government shutdown. The agency said that gap prevents a reliable comparison with the same month a year earlier.

A year-over-year reading compares prices in one month with prices in the same month the previous year. In this case, the October CPI report will not provide that annual comparison because the prior-year data are incomplete. The omission concerns the annual comparison that BLS said it cannot make reliably.

This leaves markets without the annual reference point in this week's October inflation update. The CPI release itself remains due later this week; BLS's announced omission is specifically the year-over-year figures, whose reliability it tied to the missing 2025 data.